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#Binance trading fees update
We may, but are not obligated to, update any outdated, incomplete, or inaccurate information. Some or all of the information on this website may become outdated, or it may be or become incomplete or inaccurate. The information on this website is subject to change without notice. We do not give personalized investment advice or other financial advice. makes no representation or warranty as to the timeliness, completeness, or accuracy of any information on or accessed through this website. The information on or accessed through this website is obtained from independent sources we believe to be accurate and reliable, but Decentral Media, Inc. In anticipation of the potential problems zero trading fees might cause, Binance has reserved the right to “disqualify trades that are deemed to be wash trades or illegally bulk registered accounts, as well as trades that display attributes of self-dealing or market manipulation.”ĭisclosure: At the time of writing this piece, the author owned BTC, ETH, and several other cryptocurrencies. Other leading exchanges, such as Gemini and Coinbase, charge between 0.5% and 1.49% per transaction. Currently, the exchange changes 0.1% on all trades but offers a 25% discount on fees paid using Binance’s BNB token. The move makes Binance the first major centralized crypto exchange to completely eliminate fees for trading Bitcoin. Eliminating the trading fees on selected BTC spot trading pairs is another move towards that direction.” At its core, Binance is an inclusive platform with accessibility in mind. “In line with our user-first philosophy, Binance has always strived to provide the most competitive fees in the industry.
Additionally, several Bitcoin-to-stablecoin pairs will also be excluded from fees, including TUSD, USDC, USDP, and USDT.Ĭommenting on the move in a press release, Binance CEO and founder Changpeng “CZ” Zhao said: dollar, Euro, Great British Pound, Russian ruble, Turkish lira, and the Ukrainian hryvnia. 8, customers will no longer have to pay fees when trading between Bitcoin and the Australian dollar, Indonesian rupiah, Brazilian real, U.S. In a Wednesday announcement, the world’s biggest crypto exchange revealed that it would be removing trading fees for 13 Bitcoin-to-fiat trading pairs to celebrate its fifth anniversary. Binance Waves Goodbye to Bitcoin Feesīinance customers will soon be able to buy Bitcoin without paying exchange fees. Binance will remove fees on its Bitcoin-to-fiat trading pairs on Jul.
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